mHUB
mHUB is an independent innovation center located in Chicago, Illinois, that specializes in hardtech and manufacturing. Incorporated in 2013, mHUB focuses on the development and manufacturing of physical products, including robotics, connected devices, sensors, energy technologies, medical devices, smart buildings, and unmanned vehicles. It serves as a collaborative space for startups and small businesses, fostering a community of over 428 active members, including product designers, engineers, and entrepreneurs. Since its launch in 2017, mHUB has facilitated the creation of more than 1,256 products, generated over $1.1 billion in revenue, and supported the hiring of more than 4,153 employees. The center provides essential resources such as funding, co-working space, and industry expertise, enabling innovators to transform their ideas into sustainable businesses and advance the manufacturing sector.
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Past deals in Wearables
Hyivy Health
Seed Round in 2024
Hyivy Health specializes in innovative pelvic rehabilitation solutions. Its flagship product is an intelligent device designed for women experiencing pelvic health complications, offering quantifiable data tracking and three different therapies to enhance recovery and comfort.
Ciconia Medical
Pre Seed Round in 2023
Ciconia Medical is a developer of innovative medical devices focused on enhancing maternal health during childbirth. The company has created an AI-based vaginal examination tool designed to reduce unnecessary invasiveness, pain, and risks associated with labor. This technology enables clinicians to make informed decisions based on accurate and consistent measurements, ensuring a safer and gentler experience for both mothers and their newborns. Ciconia Medical's commitment to improving childbirth outcomes positions it as a significant player in the field of maternal health.
Everyplace Labs
Pre Seed Round in 2023
Everyplace Labs develops automated point-of-care testing solutions. Their self-service kiosk enables patient-initiated or staff-assisted urine diagnostics, reducing bottlenecks and improving efficiency in acute care settings.
Hyivy Health
Seed Round in 2023
Hyivy Health specializes in innovative pelvic rehabilitation solutions. Its flagship product is an intelligent device designed for women experiencing pelvic health complications, offering quantifiable data tracking and three different therapies to enhance recovery and comfort.
Kwema
Pre Seed Round in 2023
Kwema develops wearable personal security devices and software that connect individuals, particularly women, with immediate help during emergencies. The flagship product is a smart badge reel featuring a discreet duress button that allows users to call for assistance without drawing attention. The system can notify friends, family, and nearby community members, and it integrates with private and public security networks to provide rapid responses. Additional offerings include software for building safer communities, automated roll‑call during evacuations, and seamless integration with existing safety protocols. Founded in 2016, the company is headquartered in Springfield, Massachusetts.
Everyplace Labs
Seed Round in 2021
Everyplace Labs develops automated point-of-care testing solutions. Their self-service kiosk enables patient-initiated or staff-assisted urine diagnostics, reducing bottlenecks and improving efficiency in acute care settings.
Ping Corporation
Pre Seed Round in 2021
Ping is a B2B, SaaS-based company that utilizes wearables and AI to improve caregiving for older adults. We focus on the safety, wellness, and social connection of our elders. By using wearables data collected from our elderly users, our Machine Learning algorithms capture and present critical and actionable data to their families and caregivers.
Bionode
Pre Seed Round in 2021
Bionode develops a wearable neuro-modulation device designed as a non-invasive therapy for treating and preventing elevated intraocular pressure. The device is a contact lens with embedded gold traces that receive and focus electrical impulses onto the eye, targeting glaucoma management.
Neursantys
Pre Seed Round in 2021
Neursantys is a company focused on addressing neurophysiological impairments related to balance, particularly those caused by aging, injuries, and neurological conditions. It has developed NEURVESTA, a non-invasive wearable device that detects vestibular-related balance impairments and employs a specialized form of neurostimulation known as Electrical Vestibular Stimulation (EVS) to correct these issues. The device leverages sensors and machine learning to screen for impairments in the vestibular balance system, facilitating personalized care from healthcare providers. By offering a cost-effective alternative to traditional diagnostic methods and treatments, Neursantys aims to improve the quality of life for millions of individuals affected by balance disorders, significantly reducing the economic burden associated with these conditions.
CareBand
Funding Round in 2021
CareBand is focused on enhancing the quality of life for individuals living with dementia through its innovative wearable device. This device monitors activity and location, allowing caregivers to proactively address neuropsychiatric symptoms such as wandering and agitation using non-pharmacological interventions. The system features the LEAP Platform, which provides both indoor and outdoor location tracking, customized alerts, and event monitoring. Additionally, CareBand is developing Insight AI, an individualized pattern recognition tool designed to identify early changes in a patient's condition, such as bathroom utilization and fall risk. By enabling individuals with dementia to maintain their independence and safety, while also providing peace of mind to caregivers and family members, CareBand aims to reduce unnecessary hospitalizations and promote a higher standard of care.
Ascent Integrated Tech
Seed Round in 2021
Ascent develops life-saving technology for first responders, integrating smartwatch data into its Tactical Assault Kit (TAK) platform to enhance firefighter safety, accountability, and operational decision-making. Deployed across major U.S. metro departments and expanding internationally through partnerships.
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